Homeowners Insurance - State Corporation Commission

Homeowners Insurance

Sample Premium Tables 2018/19

Prepared by

Commonwealth of Virginia State Corporation Commission Bureau of Insurance P.O. Box 1157 Richmond, Virginia 23218 (804) 371-9185 (877) 310-6560 Website: scc.boi

SAMPLE HOMEOWNERS INSURANCE PREMIUM TABLE ANNUAL PREMIUMS EFFECTIVE APRIL 1, 2018 BASED ON VIRGINIA'S 25 LARGEST COMPANIES BY MARKET SHARE

MASONRY

VIRGINIA ALEXANDRIA RICHMOND BEACH

Allstate Indemnity Co. (3)

$911 $1,754 $1,711

Allstate Ins. Co. (3)

1,011 1,726 1,731

Allstate Property & Cas Co. (3)

1,237 1,746 1,615

Allstate Vehicle & Prop Ins. Co. (3) 1,354 1,354 2,112

American Strategic Ins. Corp. (3)

565

630

887

Donegal Mutual Ins. Co. (3)

479

440

826

Erie Ins. Co. (3)

426

609 1,227

Erie Ins. Exchange (3)

524

955 1,494

Garrison P&C Ins. Co. (2/3/4/6)

727

859 1,470

Homesite Ins. Co. (3)

695

898 1,406

Homesite Ins. Co. of the Midwest (3) 539

558

764

Liberty Ins. Corp. (3)

1,175 1,249 1,435

Liberty Mutual Ins. Co. (3)

1,236 1,314 1,512

Nationwide General Ins. Co. (3)

867

880 1,149

Nationwide Mutual Fire Ins. (3)

645

744

997

Nationwide P&C Ins. Co. (3)

837

975 1,141

Rockingham Ins. (3)

464

511 1,031

Safeco Ins. Co. of Illinois (3)

473

683 1,922

Standard Fire Ins. Co. (2/3)

414

730 1,571

State Farm Fire & Cas Co. (2/3/4)

678

773 1,075

TravCo Ins. Co. (3)

468

644 1,250

USAA (2/3/4/5)

561

836 1,505

USAA Casualty Ins. Co. (2/3/4/6)

640

794 1,292

USAA General Ind. Co. (2/3/4/6)

705

833 1,394

VA Farm Bureau Mutual Ins. (3)

441

630 1,308

SAMPLE HOMEOWNERS INSURANCE PREMIUM TABLE ANNUAL PREMIUMS EFFECTIVE APRIL 1, 2018 BASED ON VIRGINIA'S 25 LARGEST COMPANIES BY MARKET SHARE

MASONRY

CHARLOTTE NORFOLK ROANOKE CO. (1)

Allstate Indemnity Co. (3)

$1,620 $1,191 $3,010

Allstate Insurance Co. (3)

1,648 1,183 2,473

Allstate Property & Cas Co. (3)

1,523

937 1,483

Allstate Vehicle & Prop Ins. Co. (3) 1,911 1,340 2,785

American Strategic Ins. Corp. (3)

971

605

865

Donegal Mutual Ins. Co. (3)

802

473

680

Erie Ins. Co. (3)

1,398

604

912

Erie Ins. Exchange (3)

1,199

710 1,214

Garrison P&C Ins. Co. (2/3/4/6)

1,435

742 1,066

Homesite Ins. Co. (3)

1,564

831 1,652

Homesite Ins. Co. of the Midwest (3) 984

489

739

Liberty Ins. Corp. (3)

1,314 1,159 1,374

Liberty Mutual Ins. Co. (3)

1,385 1,220 1,443

Nationwide General Ins. Co. (3) 1,198

738 1,082

Nationwide Mutual Fire Ins. (3)

963

645 1,280

Nationwide P&C Ins. Co. (3)

1,163

837 1,511

Rockingham Ins. (3)

881

440

713

Safeco Ins. Co. of Illinois (3)

1,377

588 1,248

Standard Fire Ins. Co. (2/3)

1,203

492

568

State Farm Fire & Cas Co. (2/3/4) 1,066

808

922

TravCo Ins. Co. (3)

1,704

500

952

USAA (2/3/4/5)

1,397

695 1,030

USAA Casualty Ins. Co. (2/3/4/6) 1,258

659 1,032

USAA General Ind. Co. (2/3/4/6) 1,376

713 1,021

VA Farm Bureau Mutual Ins. (3)

1,076

434

852

SAMPLE HOMEOWNERS INSURANCE PREMIUM TABLE ANNUAL PREMIUMS EFFECTIVE APRIL 1, 2018 BASED ON VIRGINIA'S 25 LARGEST COMPANIES BY MARKET SHARE

FRAME

VIRGINIA ALEXANDRIA RICHMOND BEACH

Allstate Indemnity Co. (3)

$974 $1,884 $1,845

Allstate Ins. Co. (3)

1,082 1,860 1,869

Allstate Property & Cas Co. (3)

1,364 1,921 1,837

Allstate Vehicle & Prop Ins. Co. (3) 1,384 1,401 2,206

American Strategic Ins. Corp. (3)

597

669

960

Donegal Mutual Ins. Co. (3)

521

478

898

Erie Ins. Co. (3)

443

640 1,271

Erie Ins. Exchange (3)

597

985 1,539

Garrison P&C Ins. Co. (2/3/4/6)

768

913 1,565

Homesite Ins. Co. (3)

755

980 1,545

Homesite Ins. Co. of the Midwest (3) 535

554

759

Liberty Ins. Corp. (3)

1,179 1,263 1,462

Liberty Mutual Ins. Co. (3)

1,237 1,370 1,542

Nationwide General Ins. Co. (3)

869

903 1,200

Nationwide Mutual Fire Ins. (3)

717

826 1,108

Nationwide P&C Ins. Co. (3)

922 1,074 1,258

Rockingham Ins. (3)

514

568 1,143

Safeco Ins. Co. of Illinois (3)

526

759 2,135

Standard Fire Ins. Co. (2/3)

435

767 1,650

State Farm Fire & Cas Co. (2/3/4)

755

859 1,210

TravCo Ins. Co. (3)

488

668 1,329

USAA (2/3/4/5)

591

881 1,591

USAA Casualty Ins. Co. (2/3/4/6)

675

840 1,374

USAA General Ind. Co. (2/3/4/6)

734

877 1,469

VA Farm Bureau Mutual Ins. (3)

511

731 1,517

SAMPLE HOMEOWNERS INSURANCE PREMIUM TABLE ANNUAL PREMIUMS EFFECTIVE APRIL 1, 2018 BASED ON VIRGINIA'S 25 LARGEST COMPANIES BY MARKET SHARE

FRAME

CHARLOTTE

NORFOLK ROANOKE CO. (1)

Allstate Indemnity Co. (3)

$1,753 $1,273 $3,130

Allstate Ins. Co. (3)

1,788 1,263 2,576

Allstate Property & Cas Co. (3)

1,694 1,035 1,718

Allstate Vehicle & Prop Ins. Co. (3) 1,990 1,365 2,913

American Strategic Ins. Corp. (3) 1,059

641

952

Donegal Mutual Ins. Co. (3)

872

514

854

Erie Ins. Co. (3)

1,468

629

974

Erie Ins. Exchange (3)

1,235

817 1,304

Garrison P&C Ins. Co. (2/3/4/6)

1,525

791 1,151

Homesite Ins. Co. (3)

1,720

906 1,820

Homesite Ins. Co. of the Midwest (3) 978

486

735

Liberty Ins. Corp. (3)

1,335 1,168 1,384

Liberty Mutual Ins. Corp. (3)

1,406 1,228 1,456

Nationwide General Ins. Co. (3) 1,284

748 1,279

Nationwide Mutual Fire Ins. (3)

1,069

717 1,393

Nationwide P&C Ins. Co. (3)

1,283

922 1,644

Rockingham Ins. (3)

981

489

807

Safeco Ins. Co. of Illinois (3)

1,530

653 1,437

Standard Fire Ins. Co. (2/3)

1,264

517

597

State Farm Fire & Cas Co. (2/3/4) 1,199

900 1,027

TravCo Ins. Co. (3)

1,825

521

967

USAA (2/3/4/5)

1,492

733 1,106

USAA Casualty Ins. Co. (2/3/4/6) 1,335

701 1,114

USAA General Ind. Co. (2/3/4/6) 1,446

751 1,088

VA Farm Bureau Mutual Ins. (3)

1,249

503

997

Any exceptions to these criteria are noted by the following footnotes:

(1)Representative of premiums for rural areas of the state. (2)Mandatory higher all perils deductibles are required in all or some

parts of the state. Premiums include these mandatory deductibles, where applicable. (3)Mandatory higher tropical cyclone, hurricane or wind/hail deductibles are required in all or some parts of the state. Premiums include these mandatory deductibles, where applicable. (4)Premiums include mandatory additional coverages or higher Personal Liability and/or Medical Payments limits that exceed the criteria shown below. (5)Available to applicants meeting specified requirements (generally restricted to Commissioned and non-commissioned military officers and their families). (6)Available to applicants meeting specified requirements (generally restricted to ex-dependents of USAA members).

The tables show premiums for a house insured for $125,000.

The premiums include Personal Liability coverage of $100,000 and Medical Payments to Others coverage of $1000.

The coverage is based on a homeowners Special Form (HO-3) policy with a $250 all perils deductible.

Premiums in these tables have been rounded to the nearest dollar.

This pamphlet should be used for educational purposes only. It is not intended to be an opinion, legal or otherwise, of the State Corporation Commission on the availability of coverage under a specific insurance policy or contract, nor should it be construed as an endorsement of any product, service, person, or organization mentioned in this pamphlet.

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